Enfield Exploration (FRA:EE0) Change In Receivables: €-0.00 Mil (TTM As of Jul. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Enfield Exploration Change In Receivables?

Enfield Exploration FRA:EE0 Change In Receivables is €-0.00 Mil as of Jul. 2016. The stock has 2 warning signs investors should review.

Enfield Exploration's change in receivables for the quarter that ended in Jul. 2016 was €0.00 Mil. It means Enfield Exploration's Accounts Receivable stayed the same from Apr. 2016 to Jul. 2016 .

Enfield Exploration's change in receivables for the fiscal year that ended in Oct. 2015 was €-0.00 Mil. It means Enfield Exploration's Accounts Receivable increased by €0.00 Mil from Oct. 2014 to Oct. 2015 .

Enfield Exploration's Accounts Receivable for the quarter that ended in Jul. 2016 was €0.00 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enfield Exploration's liquidation value for the three months ended in Jul. 2016 was €-0.15 Mil.

Enfield Exploration  (FRA:EE0) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Enfield Exploration's Days Sales Outstanding for the quarter that ended in Jul. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

2. In Ben Graham's calculation of liquidation value, Enfield Exploration's accounts receivable are only considered to be worth 75% of book value:

Enfield Exploration's liquidation value for the quarter that ended in Jul. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.15+0.75 * 0+0.5 * 0
=-0.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enfield Exploration Change In Receivables Related Terms

Enfield Exploration Change In Receivables Historical Data

* Premium members only.

The historical data trend for Enfield Exploration's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enfield Exploration Change In Receivables Chart

Enfield Exploration Annual Data
Trend Oct13 Oct14 Oct15
Change In Receivables
0.00 -0.00 -0.00

Enfield Exploration Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 -0.00 -0.00 0.00 0.00

Enfield Exploration Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jul. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-0.00 Mil mean?
Enfield Exploration (FRA:EE0) has a Change In Receivables of €-0.00 Mil as of Jul. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Enfield Exploration and its competitors.
Is Enfield Exploration's Change In Receivables too high?
Enfield Exploration's current Change In Receivables is €-0.00 Mil.
How does Enfield Exploration's Change In Receivables compare to EUENF and ATLS?
Enfield Exploration's Change In Receivables of €-0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Enfield Exploration and its competitors. Enfield Exploration's current Change In Receivables is €-0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enfield Exploration stock overvalued right now?
Enfield Exploration (FRA:EE0) has a current Change In Receivables of €-0.00 Mil. The current Change In Receivables is €-0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Enfield Exploration (FRA:EE0), the current Change In Receivables is €-0.00 Mil as of Jul. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Enfield Exploration Business Description

Industry EnergyOil & Gas
Enfield Exploration Corp was incorporated on November 1, 2013. The Company is engaged in the acquisition, exploration and development of mineral resources with the current focus being nickel resources in Whitehorse, Yukon Territory.